Molecular Diagnostics Market Forecast 2013 - 2019

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Molecular diagnostics is defined as a class of diagnostic tests which identifies genetic and molecular biomarkers of an individual patient. It is essentially an analysis of RNA and DNA at the molecular level. Molecular diagnostics tests are considered as the most well established and lucrative market in the clinical applications segment. Traditionally, the usage of molecular diagnostics was limited due to requirement of highly skilled professionals and high cost of tests. However, recent reduction in cost per sample analysis, labor costs, improvements in automation and introduction of advanced technologies have expanded the usage of molecular diagnostics tests. The growth of the global molecular diagnostics market is expected to surge due to various factors such as rise in incidence of hospital acquired infections, increase in patient awareness along with growing elderly population. Additionally, outbreak of diseases such as H1N1, growing incidence of diseases such as HIV and hepatitis have augmented the growth of this market.

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<p>Transparency MarketResearch</p> <p>Molecular Diagnostics Market -Global Industry Analysis, Size,</p> <p>Share, Growth, Trends andForecast, 2013 - 2019</p> <p>Single User License:USD 4595Multi User License:USD 7595Corporate User License: USD 10595</p> <p>Molecular Diagnostics Market Expected to Reach USD 8.7 BillionGlobally in 2019: Transparency Market Research </p> <p>Transparency Market Research State Tower,</p> <p>90, State Street, Suite 700.Albany, NY 12207United Stateswww.transparencymarketresearch.comsales@transparencymarketresearch.com</p> <p>122 Page ReportPublished Date23-May-2014</p> <p>Buy Now Request Sample</p> <p>Press Release</p> <p> Molecular Diagnostics Market</p> <p>According to a new market report published by Transparency Market Research "Molecular Diagnostics Market (PCR, Next Generation Sequencing, Microarray, Infectious diseases, Genetic disease, Oncology testing, Blood donor screening) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -2019," the global molecular diagnostics market was valued at USD 4.3 billion in 2012 and is expected to grow at a CAGR of 11.1 % from 2013 to 2019, to reach an estimated value of USD 8.7 billion in 2019.</p> <p>Browse Molecular Diagnostics Market Report with Full TOC at http://www.transparencymarketresearch.com/molecular-diagnostics-industry.html</p> <p>Molecular diagnostics is defined as a class of diagnostic tests that identifies proteins or nucleic acid at a molecular level. This class of test assists in identification of genetic markers of patient or nucleic acids in foreign organism. Currently, molecular diagnostics forms relatively a small portion of the overall diagnostics market but is identified as the fastest growing sector. The growth of this segment is being supported by rapid turnaround time, low cost, convenient workflow and high sensitivity. Moreover, growth of this segment is fuelled by rising incidence of chronic disorders, increasing geriatric population and adoption of personalized medicines. Molecular diagnostics test is rapidly being developed for genetic testing, infectious diseases testing, blood screening, oncology testing, cardiovascular testing and others.</p> <p>Molecular diagnostics is rapidly an evolving market supported by increasing R&amp;D activities for biomarker identification coupled with emergence of new applications of these tests. Infectious disease alone captures60% share of the total molecular diagnostics applications market and remaining one third is attributed to genetic testing and blood donor screening. The growth of this segment is driven by rising incidence of cervical cancer caused due to Human Papilloma Virus (HPV). HPV is known to be a causative agent for cervical cancers hence HPV testing is projected to have a CAGR of 14.8% during the forecast period of 2013-2019. Hospital acquired infections (HAI)is anticipated as the fastest growing segment within infectious diseases and is expected to show CAGR of 15.1% from 2013-2019. Oncology testing and HLA typing testing are also projected to grow at a rapid rate during the same forecast period.</p> <p>Technology wise, PCR accounts for the largest share followed by Transcription Mediated Amplification (TMA), with these two technologies accounting for nearly 50% of the share of molecular diagnostics market. Next generation sequencing is expected to witness the highest growth rate in the near future. High</p> <p>Transparency Market Research2</p> <p>REPORT DESCRIPTION</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>sensitivity, reliability and rapid turnaround time are some of the factors that are expected to trigger marketgrowth. Microarray and hybridization techniques are also expected to show moderate growth. However, issues with reimbursement policies and strict regulatory requirements are some factors, expected to hinder the growth of molecular diagnostics market.</p> <p>Geographically, North America and Europe comprises majority of the molecular diagnostics market share. Increasing investments in genomics and proteomics, rising awareness and acceptance of personalized medicines along with increasing incidence of chronic diseases are some of the factors that have driven the molecular diagnostics industry in these regions. However, Asia-Pacific is projected to witness fastest growth rate during the forecast period, reporting a CAGR of more than 14%. Economic developments and rising patient awareness towards wellness, preventive medicine and access to technologically advanced products are some of the key growth factors in this region. Additionally, growth in this market is fuelled by spread of infectious diseases such as H1N1, HIV, rise in aging population, and robust government support.</p> <p>Molecular diagnostics market is highly fragmented comprising small and large vendors. Roche Diagnostics is expected to lead the market owing to its extensive product portfolio in the molecular diagnostics segment. Other players of this market include Novartis Diagnostics, Abbott Laboratories, Qiagen, Hologic Gen-Probe, among others.Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>Molecular DiagnosticsMarket, by Technology</p> <p>- PCR</p> <p>- Transcription mediated amplification (TMA)</p> <p>- Next generation sequencing</p> <p>- Microarray</p> <p>- Hybridization techniques</p> <p>- Others</p> <p>Molecular DiagnosticsMarket, by Application</p> <p>Transparency Market Research3</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>Infectious diseases</p> <p>Virology</p> <p>- HIV testing</p> <p>- HPV testing</p> <p>- HCV testing</p> <p>- Others</p> <p>Bacteriology</p> <p>- HAI testing</p> <p>- CT/NG testing</p> <p>- Others</p> <p>Genomics</p> <p>- Genetic Testing for Inherited Disorders</p> <p>- Human Leukocyte Antigen (HLA) Testing</p> <p>- Pharmacogenetics Testing</p> <p>- Oncology Testing</p> <p>- Blood Donor Screening</p> <p>- Others</p> <p>Molecular DiagnosticsMarket, by Geography</p> <p>- North America</p> <p>- Europe</p> <p>Transparency Market Research4</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>- Asia-Pacific</p> <p>- RoW</p> <p>Browse Molecular Diagnostics Market Report with Full TOC at http://www.transparencymarketresearch.com/molecular-diagnostics-industry.html</p> <p>Table of Content</p> <p>Chapter 1 Preface</p> <p>1.1 Report Description</p> <p>1.2 Market Segmentation</p> <p>1.3 Research Methodology</p> <p> 1.3.1 Assumptions</p> <p>Chapter 2 Executive Summary</p> <p>2.1 Market Snapshot: Global Molecular Diagnostics Market (2012 &amp; 2019)</p> <p>2.2 Global Molecular Diagnostics Market, by Technology, 2012 (USD Million)</p> <p>Chapter 3 Market Overview</p> <p>3.1 Overview</p> <p>3.2 Market Drivers</p> <p>Transparency Market Research5</p> <p>TABLE OF CONTENT</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p> 3.2.1 Rising incidence of cancer cases</p> <p> 3.2.2 Aging population</p> <p> 3.2.3 Increase in incidence of chronic diseases</p> <p> 3.2.4 Increasing awareness and acceptance of companion diagnostics and personalized medicines</p> <p>3.3 Market Restraints</p> <p> 3.3.1 Issues with reimbursement policies</p> <p>3.4 Market Opportunities</p> <p> 3.4.1 Technological advancements</p> <p> 3.4.2 Tapping the emerging economies</p> <p>3.5 Porters Five Force Analysis: Global Molecular Diagnostics Market</p> <p> 3.5.1 Bargaining Power of Suppliers</p> <p> 3.5.2 Bargaining Power of Buyers</p> <p> 3.5.3 Threat of New Entrants</p> <p> 3.5.4 Threat of Substitutes</p> <p> 3.5.5 Competitive Rivalry</p> <p>3.6 Market Attractiveness Analysis of the Global Molecular Diagnostics Market, by Geography</p> <p>Chapter 4 Molecular Diagnostics Market, by Technology</p> <p>4.1 Overview</p> <p> 4.1.1 Global Molecular Diagnostics Market, by Technology, 2011 2019 (USD Million)</p> <p>Transparency Market Research6</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>4.2 Polymerase Chain Reaction (PCR)</p> <p> 4.2.1 Global PCR Market, 2011 2019 (USD Million)</p> <p>4.3 Transcription Mediated Amplification (TMA)</p> <p> 4.3.1 Global TMA Market, 2011 2019 (USD Million)</p> <p>4.4 Microarray</p> <p> 4.4.1 Global Microarray Market, 2011 2019 (USD Million)</p> <p>4.5 Hybridization (ISH and FISH)</p> <p> 4.5.1 Global Hybridization Market, 2011 2019 (USD Million)</p> <p>4.6 Next-generation sequencing</p> <p> 4.6.1 Global Next generation sequencing Market, 2011 2019 (USD Million)</p> <p>4.7 Others</p> <p> 4.7.1 Global Others Market, 2011 2019 (USD Million)</p> <p>Chapter 5 Global Molecular Diagnostics Market, by Applications</p> <p>5.1 Overview</p> <p> 5.1.1 Global Molecular Diagnostics Market, by Applications, 2011 2019 (USD Million)</p> <p>5.2 Infectious Diseases</p> <p> 5.2.1 Global Infectious Diseases Market, by Segments, 2011 2019 (USD Million)</p> <p> 5.2.2 Virology</p> <p> 5.2.2.1 Global Virology Market, by Segments, 2011 2019 (USD Million)</p> <p>Transparency Market Research7</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p> 5.2.2.2 Human immunodeficiency virus (HIV) testing</p> <p> 5.2.2.2.1 Global HIV testing Market, 2011 2019 (USD Million)</p> <p> 5.2.2.3 Human papillomavirus (HPV) testing</p> <p> 5.2.2.3.1 Global HPV testing Market, 2011 2019 (USD Million)</p> <p> 5.2.2.4 Hepatitis C virus (HCV) testing</p> <p> 5.2.2.4.1 Global HCV testing Market, 2011 2019 (USD Million)</p> <p> 5.2.2.5 Others</p> <p> 5.2.2.5.1 Global Others testing Market, 2011 2019 (USD Million)</p> <p> 5.2.3 Bacteriology</p> <p> 5.2.3.1 Global Bacteriology Market, by Segments, 2011 2019 (USD Million)</p> <p>Related &amp; Recently Published Reports by Transparency Market Research</p> <p> Browse Report With TOC:Contact Lens Market</p> <p> Biopreservation Market: http://www.transparencymarketresearch.com/biopreservation-market.html</p> <p> Organ Preservation Solutions Market: http://www.transparencymarketresearch.com/organ-preservation- solutions.html</p> <p> 3D Printing Market : http://www.transparencymarketresearch.com/3d-printing-industry.html</p> <p> Breakfast Cereals Market: http://www.transparencymarketresearch.com/breakfast-cereals-industry.html</p> <p>The Molecular Diagnosticsmarket is segmented as follows:</p> <p>Transparency Market Research8</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p> 5.2.3.2 Hospital Acquired Infection (HAI) testing</p> <p> 5.2.3.2.1 Global HAI testing Market, 2011 2019 (USD Million)</p> <p> 5.2.3.3 Chlamydia trachomatis and Neisseria gonorrhoeae (CT/NG) testing</p> <p> 5.2.3.3.1 Global CT/NG testing Market, 2011 2019 (USD Million)</p> <p> 5.2.3.4 Others</p> <p> 5.2.3.4.1 Global Others testing Market, 2011 2019 (USD Million)</p> <p>5.3 Genomics</p> <p> 5.3.1 Global Genomics Market, by Segments, 2011 2019 (USD Million)</p> <p> 5.3.2 Genetic testing for inherited disorders</p> <p> 5.3.2.1 Global Genetic testing for inherited disorders Market, 2011 2019 (USD Million)</p> <p> 5.3.3 Human Leukocyte Antigen (HLA)testing</p> <p> 5.3.3.1 Global HLA testing Market, 2011 2019 (USD Million)</p> <p> 5.3.4 Pharmacogenetics testing</p> <p> 5.3.4.1 Global Pharmacogenetics testing Market, 2011 2019 (USD Million)</p> <p> 5.3.5 Oncology testing</p> <p> 5.3.5.1 Global Oncology testing Market, 2011 2019 (USD Million)</p> <p>5.4 Blood Donor Screening</p> <p> 5.4.1 Global Blood donor screening testing Market, 2011 2019 (USD Million)</p> <p>5.5 Others</p> <p> 5.5.1 Global Others testing Market, 2011 2019 (USD Million)</p> <p>Transparency Market Research9</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p>Chapter 6 Global Molecular Diagnostics Market, by Geography</p> <p>6.1 Overview</p> <p> 6.1.1 Global Molecular Diagnostics Market, by Geography, 2011 2019 (USD Million)</p> <p>6.2 Comparative Analysis: Molecular Diagnostics Market, by Geography, 2012 &amp; 2019 (Value %)</p> <p>6.3 North America</p> <p> 6.3.1 North America Molecular Diagnostics Market, by Application, 2011 2019 (USD Million)</p> <p> 6.3.2 North America Molecular Diagnostics Market, by Technology, 2011 2019 (USD Million)</p> <p>6.4 Europe</p> <p> 6.4.1 Europe Molecular Diagnostics Market, by Application, 2011 2019 (USD Million)</p> <p> 6.4.2 Europe Molecular Diagnostics Market, by Technology, 2011 2019 (USD Million)</p> <p>6.5 Asia-Pacific</p> <p> 6.5.1 Asia Pacific Molecular Diagnostics Market, by Application, 2011 2019 (USD Million)</p> <p> 6.5.2 Asia-Pacific Molecular Diagnostics Market, by Technology, 2011 2019 (USD Million)</p> <p>6.6 RoW</p> <p> 6.6.1 RoW Molecular Diagnostics Market, by Application, 2011 2019 (USD Million)</p> <p> 6.6.2 RoW Molecular Diagnostics Market, by Technology, 2011 2019 (USD Million)</p> <p>Chapter 7 Global Molecular Diagnostics Market Share Analysis</p> <p>7.1 Market Share Analysis by Key Players of Global Molecular Diagnostics Market</p> <p>Transparency Market Research10</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p> 7.1.1 Global Molecular Diagnostics Market Share Analysis, by Key Players, 2012 (%)</p> <p> 7.1.2 Competitive Position of Key Players by Segment : Global Molecular Diagnostics Market</p> <p>Chapter 8 Recommendations</p> <p>8.1 Market Strategies for Success</p> <p> 8.1.1 Long term contracts with healthcare service providers</p> <p> 8.1.2 Investing in emerging economies such as China, India and Russia</p> <p> 8.1.3 Broadening of distribution network</p> <p>Chapter 9 Company Profiles</p> <p>9.1 Abbott Laboratories</p> <p> 9.1.1 Company Overview</p> <p> 9.1.2 Financial Overview</p> <p> 9.1.3 Product Portfolio</p> <p> 9.1.4 Business Strategies</p> <p> 9.1.5 Recent Developments</p> <p>9.2 Becton Dickinson &amp; Company</p> <p> 9.2.1 Company Overview</p> <p> 9.2.2 Financial Overview</p> <p> 9.2.3 Product Portfolio</p> <p>Transparency Market Research11</p> <p> Ambulance Services Market</p> <p>Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html</p> <p> 9.2.4 Business Strategies</p> <p> 9.2.5 Recent Developments</p> <p>9.3 bioMer...</p>

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